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The upward trend in the number of Bilateral Investment Treaty (BIT) has accelerated even after members of the World Trade Organization signed Trade Related Investment Measures (TRIMs) and Trade Related Intellectual Property Rights (TRIPs) in 1993. Explain why the number of BITs increased even after signing TRIMs and TRIPs. What are the provisions often included in BITs?
which of the following statement are correct about the age earnings cycle? which of the following correctly describes the trend in US union membership? in recent decades, the union-nonunion hourly wage differential has:
Macroeconomic equilibrium and the multiplier effect The following graph shows a hypothetical economy in short-run equilibrium at an output level of $400 billion and a price level of 100. Suppose that potential GDP in this economy is $200 billion. Use..
A market is characterized by a demand curve that can be expressed as P = 96 – (1/3) Q. Each of the two identical firms currently serving the market has a total cost function of the form C = 12 q. There are no fixed costs. If the 2 duopolists behave a..
The economy is made up of C and I and is currently at full employment. If consumption is $5 trillion while savings is $1 trillion, what is current investment according to the Classical economists? Suppose consumption falls by $500 billion what will h..
Explain what Constitutional issues are raised with Wells Fargo and Disneyworld having access to customers’ fingerprint records. Who is the custodian of the fingerprint records and any rights the custodian maybe violating.
Digital technology, including new software developments is essential for many organizations to function in the modern world. Although there is a variety of technology available, there does not seem to be an industry standard. Select what you feel are..
Think of a business firm you recently visited (such as Walmart, Home Depot, Red Lobster, Barnes & Noble, McDonald's, etc.). What motivated the producers of all the individual products in the store to make them and offer them for sale
What is "monopolistic" about monopolistic competition? What is "competitive" about a monopolistically competitive market? Please explain.
Burling Water Cooperative currently contracts the removal of small amounts of hydrogen sulfide from its well water using manganese dioxide filtration prior to the addition of chlorine and fluoride. contract renewal for 5 years will cost $75,000 annua..
Retail sales taxes are used at the state and local level to finance general fund expenditures. In other words, the tax revenue collected via the sales tax is not tied directly tied to benefits received by each taxpayer. Retail sales tax fair? (9 poin..
Most industrial farms hire migrant workers, so the market for such workers is reasonably taken to be perfectly competitive. Suppose that all farms individually have a short-run elasticity of labor demand of 0.5. Explain why the reduction in employmen..
Explain how are presidential election outcomes related to the performance of the economy. What are the major factors that have affected U.S. household consumption since the recession in 2001.
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